MOL Buys Stake in Pakistani, Omani Blocks
November 07 2013 - 12:09PM
Dow Jones News
BUDAPEST--Hungary's largest oil and gas company in terms of
market share, MOL Nyrt. (MOL.BU) said it bought a 30% stake in the
Ghauri block in Pakistan and a 25% stake in the 43B block in
Oman.
MAIN FACTS:
- The acquisition took place with the approval of Pakistani and
Omani authorities, and following a deal with Mari Petroleum Company
Limited on farm-out.
- MOL closed trading flat at HUF14,750.
Write to the Budapest bureau at budapest@dowjones.com
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